GHP Investment Advisors Inc. Purchases 1,712 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

GHP Investment Advisors Inc. lifted its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 5.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 31,628 shares of the technology company's stock after buying an additional 1,712 shares during the quarter. GHP Investment Advisors Inc. owned about 0.19% of OSI Systems worth $6,147,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of OSIS. Principal Financial Group Inc. grew its position in shares of OSI Systems by 1.6% during the 4th quarter. Principal Financial Group Inc. now owns 81,054 shares of the technology company's stock worth $13,571,000 after buying an additional 1,261 shares during the period. Truist Financial Corp lifted its holdings in shares of OSI Systems by 58.7% in the 4th quarter. Truist Financial Corp now owns 8,216 shares of the technology company's stock worth $1,376,000 after purchasing an additional 3,039 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of OSI Systems by 80.1% in the 4th quarter. Global Retirement Partners LLC now owns 861 shares of the technology company's stock worth $144,000 after purchasing an additional 383 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of OSI Systems in the 4th quarter worth $4,934,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of OSI Systems by 36.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 768 shares of the technology company's stock worth $129,000 after purchasing an additional 207 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company's stock.

OSI Systems Stock Down 0.2%

Shares of OSIS stock traded down $0.46 on Friday, hitting $224.05. The stock had a trading volume of 232,737 shares, compared to its average volume of 205,326. The business has a 50 day moving average of $220.36 and a 200 day moving average of $198.75. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 2.04 and a beta of 1.28. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 1.38. OSI Systems, Inc. has a 12-month low of $129.18 and a 12-month high of $241.64.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its earnings results on Thursday, May 1st. The technology company reported $2.44 EPS for the quarter, beating the consensus estimate of $2.38 by $0.06. OSI Systems had a net margin of 8.38% and a return on equity of 18.37%. The company had revenue of $444.35 million during the quarter, compared to the consensus estimate of $436.49 million. During the same quarter in the prior year, the company posted $2.16 earnings per share. The firm's revenue for the quarter was up 9.5% on a year-over-year basis. As a group, analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Buying and Selling

In other news, Chairman Deepak Chopra sold 20,000 shares of OSI Systems stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $221.79, for a total value of $4,435,800.00. Following the completion of the transaction, the chairman now owns 339,478 shares in the company, valued at $75,292,825.62. This trade represents a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Meyer/ Luskin sold 1,000 shares of OSI Systems stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $237.15, for a total transaction of $237,150.00. Following the completion of the transaction, the director now owns 11,214 shares of the company's stock, valued at $2,659,400.10. The trade was a 8.19% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 43,371 shares of company stock worth $9,784,380. Insiders own 5.20% of the company's stock.

Wall Street Analysts Forecast Growth

OSIS has been the topic of a number of recent research reports. Roth Mkm increased their target price on OSI Systems from $224.00 to $245.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Wells Fargo & Company cut their target price on OSI Systems from $220.00 to $210.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. B. Riley reiterated a "buy" rating and issued a $255.00 target price (up from $221.00) on shares of OSI Systems in a report on Friday, May 2nd. Wall Street Zen upgraded OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Finally, Oppenheimer raised their price objective on OSI Systems from $225.00 to $260.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $228.33.

OSI Systems Profile

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.